Chang Hwa Bank

Chang Hwa Bank, Ltd.
彰化銀行
Company type	Public (TWSE: 2801) since January 1, 1998
Industry	Banking
Founded	1905
Headquarters	Taichung, Taiwan
Area served	United States; United Kingdom; Singapore; Hong Kong Japan Philippines
Key people	Ming-Daw Chang, Chairman of the Board; Cheng-Ching Wu, Managing Director,; Kuo-Yuan Liang, Managing Director,; Jung-Chun Pan, Independent Director,; Chi-Chang Yu, Independent Director
Products	Financial services including:; Consumer Banking; Corporate Banking; Investment Banking; Stock broking
Revenue	NT$ 14.184 billion (2017); (US$ 472 million)
Number of employees	6,592 (2017)
Website	www.chb.com.tw

Chang Hwa Bank (CHB; Chinese: 彰化銀行; pinyin: Zhānghuà Yínháng; Pe̍h-ōe-jī: Chiong-hòa-gîn-hâng) is a Taiwan-based financial institution that offers both retail and commercial banking services to private and corporate customers.

Today, the Bank has seven overseas branches and representatives offices and 175 domestic branches, 4 Sub-branches and 5 securities broker (as of Apr. 2008).^[1]

History

It was established in 1905 under Japanese rule in Changhua County, and relocated to Taichung in 1910. Japanese shares were taken over by the Republic of China government after World War II. In December 1997, the Taiwan Provincial Government made public its shareholdings in the Bank in line with the government's policy of financial privatization. The Bank was officially privatized on 1 January 1998.

Corporate structure

Chang Hwa Bank offers nine categories of businesses:
- deposits (i.e., such as demand deposit),
- corporate/institutional banking (including short- and mid-term operating capital financing, working capital for purchasing raw materials, export loans, capitalize loans and capital expenditure loans),
- retail/consumer banking (e.g., mortgage loans, nest building preferential loans, loans for caring mortgage and loans for small suites),
- credit cards, offering credit cards and banking cards,
- foreign exchange of import and export as well as remittances,
- e-banking (e.g., internet banking, telephone banking and mobile banking),
- financial trusts, including specific purpose trust funds investing in domestic and foreign securities,
- investments, providing government bonds, financial bonds, beneficial certificates and stocks, and security brokerage.